Central Valley Community Bancorp Receives Merger Approval From Folsom Lake Bank Shareholders

FRESNO, Calif.--(BUSINESS WIRE)--The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ:CVCY), the parent company of Central Valley Community Bank (Bank), announced today that Folsom Lake Bank shareholders approved the merger between Folsom Lake Bank and Central Valley Community Bank at a special meeting held on August 10, 2017. The transaction, subject to customary closing conditions, is expected to be completed as of October 1, 2017, with the conversion of all operational systems to be completed in the first quarter of 2018.